JanMay investment in Russia commercial estate rises to 128 bln rbl - Construction & Real Estate - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

JanMay investment in Russia commercial estate rises to 128 bln rbl

MOSCOW, Jun 20 (PRIME) -- The combined investment in Russian commercial estate rise to 128 billion rubles in JanuaryMay from 110 billion rubles in JanuaryJune 2021, consulting company Knight Frank Russia said in a statement on Monday.

The record result of JanuaryMarch 2022 of 101.8 billion rubles played a significant part in that, while in AprilMay, investment amounted only to 25.4 billion rubles, which is still higher than in AprilJune of 2016 and 2018.

Given the current dynamics, investment in AprilJune 2022 should outperform AprilJune 2020, the company said.

The share of foreign investment amounted only to 2% in AprilMay.

(56.7101 rubles U.S. $1)

End

20.06.2022 12:16
 
 
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